NOT LISTED FOR SALE

58 W Lincoln Ave Delaware, OH 43015

6 Beds
-- Bath
5,028 Sq Ft
0.25 Acres

Last Sold October 24, 2013

Last sale price $125,000 $25 Per Sq Ft

287 Days on Market

About This Home

As of October 2013

Apt1 $400mo-2BR, Apt2 $450mo-1BR, Apt3 $225mo-2BR, Apt4 $250mo-1BR, Apt5 $350mo-2BR, Apt6 $350-1BR. This apartment building is a great brick building that is a great opportunity for an investor or anyone wanting to break into the rental market. All of the units are currently rented so your investment can start making money from day 1.

Last Agent to Sell the Property

Tony Spain

Howard Hanna RealCom Realty License #2012002001 Listed on: 11/05/2012

Last Buyer's Agent

Beverly Spain

Howard Hanna RealCom Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 0.25 Acre Lot

Home Design

  • 5,028 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for electricity, sewer, trash collection, water
  • Assessor Parcel Number 51943202018000

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $5,196
  • Fuel Expense $3,360
  • Insurance Expense $967
  • Operating Expense $12,808
  • Gross Income $24,300
  • Net Operating Income $11,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1901
  • Tax Year: 2011
  • Lot Size Acres: 0.25
  • Total Gross Income: 24300.0
  • Co List Office Phone: 740-936-4058
  • MLS Status: Closed
  • Income Expenses Gross Income: 24300.0
  • Annual Expenses: 12808.08
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 5028.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Electric5: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Storm Sewer
  • Heating:Forced Air: Yes

Fee Information

  • Annual Fuel Expense: 3360.0

Schools

  • Junior High Dist: DELAWARE CSD 2103 DEL CO.

Lot Info

  • Parcel Number: 51943202018000
  • Lot Size Sq Ft: 10890.0
  • Additional Parcels: No

Rental Info

  • Owner Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 5196.0
  • Insurance Expense: 967.0
  • Net Operating Income: 11491.92
  • Annual Operating Expense: 12808.08

Tax Info

  • Tax Annual Amount: 3285.08

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2013 10/24/13 Sold $125,000 -40.5% $25 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $210,000 -- $42 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212036558

Columbus and Central Ohio Regional MLS